1800 Solano Ave Berkeley, CA 94707
Property Features for 1800 Solano Ave
General Information
- Lot size
- 11.00 Acres
Source:
Cppcre
Listing Agent: John Andreini
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Wells Fargo Bank in Berkeley
This property features a newly extended corporate Wells Fargo lease with over 5 years remaining. The lease includes 2% annual rental increases and one additional 5-year extension option. The property has a 45+ year operating history as a bank location and significant branch deposits of $433M. It is located in Berkeley, an affluent Bay Area submarket with average household incomes exceeding $234,000 within a 1-mile radius. The absolute net lease structure requires zero landlord expense or maintenance obligations. Wells Fargo has an investment grade credit rating of S&P: A+. The location benefits from its proximity to UC Berkeley, a top-ranked public university. Nearby national tenants, including Safeway, Sprouts, 7-Eleven, Ross, and Lucky, contribute to the area's traffic.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Wells Fargo Bank
Bank
Wells Fargo ATM
Atm
Wells Fargo Advisors
Investment Service
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.2799612
- Latitude
- 37.8910638
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - Corporate Wells Fargo lease in affluent Berkeley submarket.
Where is this bank located?
The property is located at 1800 Solano Ave Berkeley, CA.
What are key features of this property?
This property features: - Investment grade credit rating (S&P: A+); - Absolute net lease with zero landlord expense or maintenance obligations; - Located in an extremely affluent Bay Area submarket with average household incomes of $234,000+